Regional airline Rex has entered voluntary administration. The union for aviation workers says 610 jobs have been lost.
All Rex flights between major cities have been cancelled, but the carrier’s regional services will continue to operate.
Voluntary administration means a company can’t afford to pay its debts, and has appointed an independent body to take control of its operations.
Here’s what we know about the future of Rex.
Rex
Rex launched after two regional airlines, Hazelton and Kendell, merged in 2002. It became publicly listed on the Australian Securities Exchange (ASX) three years later.
Rex has said it operates on “a belief that the bush needs and deserves an air service of quality” to connect…
